
The conversation explores the unraveling of the post-World War II world order, driven by the United States' shifting priorities and demographic changes. Peter Zeihan argues that the U.S.'s focus on security over trade and the declining working-age population are key factors disrupting the global economic model. Zeihan suggests that the Trump administration's policies, though chaotic, represent an unintentional experiment in demand management, combining elements of capitalism and fascism. He draws a parallel to the Black Plague, noting that a declining population of young people could spur innovation out of necessity. Zeihan further contends that Trump's foreign policy lacks strategic depth and is influenced by a narrow circle of advisors, leading to inconsistent and potentially damaging actions.
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